$2,499,000
( $59.50Per Sq Foot )
$13,415 est/mo Sourced by Back At You223 E State Road,Island Lake, IL 60042
Island Lake, IL 60042
Description
4.41 acre redevelopment, owner/user, or investor opportunity! Three separate freestanding buildings featuring a 25,670 SF established, long-operating grocery store; a freestanding 16,486 SF vacant retail building and a freestanding 1,610 SF vacant bank building with two drive-thru lanes on the east end of the property. Outstanding corner lends itself to a long list of permitted uses with B-1 & B2 zoning! Over 17,300 vehicles per day pass this site! Heavy exposure on main east/west corridor, Route 176 and north/south thoroughfare Rand Road.
Details
| MLS # | 11745907 |
|---|---|
| Listing Type | For Sale |
| Style | Retail/stores |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1981 |
| Days On Site | 1258 |
| Listing Provided By | Blue Chip Commercial Real Estate | Timothy Billimack |
Features
| SQ Feet | 42,000 |
|---|---|
| Story(s) | 1 |
Interior
| Cooling | Central Air |
|---|
Exterior
| Construction Materials | Brick |
|---|
Utilities
| Electric | Circuit Breakers |
|---|
Taxes
| Tax Year | 2021 |
|---|---|
| Tax Annual Amount | 109232 |
Area Information
| State | IL |
|---|---|
| County | Lake |
| City | Island Lake |
| Zip Code | 60042 |
| Area | Island Lake |
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Learn More About This Property
| State | IL |
|---|---|
| County | Lake |
| City | Island Lake |
| Zip Code | 60042 |
| Area | Island Lake |
Listing Updated: July 9, 2026 at 12:21:06 PM PDT